Funding you earn now, next payment 08:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h +0.044%
Price spread now: Bybit against BloFin0.000%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,385as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,363as in the Price arb table
costs, in and out, $10k−$1,36813.684% of the position
Funding, last 7 days−0.166%−$17 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now 0.000%, 7d avg −0.053%
=The price spread pays, funding is against you. Bybit is 0.053% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.053%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin TOWNS-USDT | 0.002072 | 0.0147 | pay 0.0073% / 4h | 2h 20m | $131K | $4K | 10x |
| Short | Bybit TOWNSUSDT | 0.002072 | 0.0100 | get 0.0050% / 4h | 2h 20m | $381K | $119K | 5x |
BloFin TOWNS-USDT
Bybit TOWNSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.85
- Price spread: 0.000% → −0.053%
- $5.26
- Slippage, 4 orders
- −$1,345.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,372.98
- Costs to cover
- 13.684%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 58 min ago; Bybit: live order book, 19 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 58 min ago | 7.17 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 19 min ago | 7.23 bp | 594.6 bp −$595 | doesn't fit | doesn't fit | doesn't fit |
TOWNS on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTX | −0.0936% | 1h | 0.002222 | +7.239% | $83K | $4K | 25x | as long as short |
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002074 | +0.103% | $10K | $6K | 5x | as long as short |
| Binance TOWNSUSDT | +0.0100% | 4h | 0.002079 | +0.342% | $2.0M | $1.3M | 10x | as long as short |
| Bybit TOWNSUSDTshort | +0.0100% | 4h | 0.002072 | 0.000% | $381K | $119K | 5x | |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002077 | +0.241% | $69K | $15K | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0100% | 4h | 0.002075 | +0.145% | $419K | $138K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0100% | 4h | 0.002076 | +0.193% | $248K | $31K | 10x | as long as short |
| Bitget TOWNSUSDT | +0.0100% | 4h | 0.002071 | −0.048% | $340K | $42K | 5x | as long as short |
| BingX TOWNS-USDT | +0.0100% | 4h | 0.002074 | +0.097% | — | $2.3M | — | as long as short |
| Variational Omni TOWNS | +0.0100% | 4h | 0.002073 | +0.055% | $194 | $549 | — | as long as short |
Coinbase International TOWNS-PERP-INTX
Aster TOWNSUSDT
Binance TOWNSUSDT
Gate TOWNS_USDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
Bitget TOWNSUSDT
BingX TOWNS-USDT
Variational Omni TOWNSShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin TOWNS-USDTlong | +0.0147% | 4h | 0.002072 | long leg | $131K | $4K | 10x | |
| Deribit TOWNS_USDC-PERPETUAL | +0.3609% | 1h | 0.002081 | +0.434% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL